Trading Tech
Fidessa LatentZero goes live with Pipeline connection
Buy-side trading software provider Fidessa LatentZero has connected its front-office systems to US-based alternative trading system (ATS) Pipeline.
Adust or Bust When financial markets started heading south last summer, quantitative investment managers constituted the first wave of casualties. Various factors rendered these organisations especially vulnerable to market fluctuations, and with current
When financial markets started heading south last summer, quantitative investment managers constituted the first wave of casualties. Various factors rendered these organisations especially vulnerable to market fluctuations, and with current liquidity and…
In for a penny...
TKS Solutions' Penny offering is, like a number of buy-side specific technologies, a relatively new addition to the market place, having been 'soft-launched' to client firms 18 months ago. Since then, however, it has established a healthy following…
Smart Order Routing gains intelligence
Smart order routing (SOR) has become synonymous with the new European trading landscape precipitated by the adoption of the Markets in Financial Instruments Directive added to the statute books at the start of November last year. But as Ian Salmon argues…
Spotlight on Christopher Russo
Citisoft has added another managing director, Christopher Russo, to its line-up of buy-side technology consultants. Russo discusses his previous role as executive director of client operations at Omgeo, as well as the issues he anticipates tackling for…
Commodities start-up manager live on SunGard Kiodex
Clive Capital, a recently launched London-based commodities hedge fund manager, has implemented SunGard's Kiodex Risk Workbench browser-based commodities risk management product in order to rapidly deploy trade capture and risk capabilities for its new…
Turquoise Taps BT as Proximity Host
LONDON-European multilateral trading facility (MTF) Turquoise has selected BT to host its trading and data distribution systems and offer proximity hosting and connectivity services to its clients, MTF officials tell DWT .
Wachovia Standardizes Datacenters
NEW YORK-To achieve its ultimate goal of cost savings, energy efficiencies and processing power, Wachovia planned to deploy its "datacenters in a box" design; however, after a three-and-a-half-year project to upgrade its global datacenters, the Charlotte…
BATS Expands Savvis Data Connectivity
Kansas City, Mo.-based ECN BATS Trading is expanding its relationship with network and hosting provider Savvis to provide broader connectivity options to clients, officials tell Inside Market Data .
Bats, Savvis in Metro Ethernet Deal
NEW YORK-Brokerages connecting to the Bats ECN have another low-latency option as the ECN operator Bats Trading has inked a deal with financial network supplier Savvis to provide its Exchange Express metro Ethernet connectivity to the ECN's trading…
Platform Adds Cell Processor Support
NEW YORK—Grid computing software vendor Platform Computing has added support for high-performance cell processor-based systems with its latest version of Symphony, dubbed Symphony for the IBM BladeCenter with Cell Broadband Engine (Cell/B.E.) technology,…
BT's Fragmentation Fighters
As regulatory initiatives such as the Markets in Financial Instruments Directive and market forces prompt new trading venues and data sources, the European financial markets can expect to see a fragmented trading landscape in 2008. With network providers…
Arcontech API Speeds Processing
UK-based data technology vendor Arcontech has released a new Application Program Interface (API) that will allow users to develop latency-sensitive applications using the Microsoft .Net programming language that draw real-time data from the vendor's…
Majority of Options Trading Automated by 2010
NEW YORK-In two years, over 60 percent of buy-side trades in U.S. equities options will be executed through low-touch channels, according to a recent white paper published by research firm Tabb Group.
Logicscope, NCI Enter STP Pact
LONDON-Post-trade technology vendors Logicscope and NCI have entered into an agreement to integrate elements of both vendors' platforms to release a trade notification solution to end-user clients of banks, brokers and trading platforms.
Mitsubishi Takes BlueBox Algos Live
TOKYO & LONDON-Mitsubishi UFJ Securities (MUS) has completed the initial phase of its algorithmic execution service based on Fidessa's algorithmic trading platform, BlueBox, vendor officials say.
Nordic Growth Market Trading Halted
STOCKHOLM-The 75-minute trade interruption on the Nordic Growth Market (NGM)-an exchange for growth companies in the Nordic region-that took place on Feb. 19 has been attributed to human error from the previous night, say exchange officials.
Intel Readies Nehalem Processor Line
NEW YORK-Following the release of its Penryn family of processors, Intel plans to debut new processor technology in the second half of this year, vendor officials tell DWT .